548 Cherry St Norristown, PA 19401
Estimated payment $1,372/month
Highlights
- Colonial Architecture
- Hot Water Heating System
- 2-minute walk to Cherry Street Park
About This Home
INVESTOR ALERT! This is a two unit apartment building in Norristown Boro. First floor consists of a one bedroom apartment that was previously rented for $995 per month. Second/third floor apartment is a three bedroom apartment that was previously rented for $1400 per month. Heating is natural gas and is separated for each apartment. Property will need some TLC to meet Norristown Boro U&O requirements. Property is being sold as-is and buyer will be responsible for U&O and any municipal requirements. Some pictures are from prior to tenant occupancy.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,073
Year Built
- Built in 1900
Lot Details
- 1,184 Sq Ft Lot
Parking
- On-Street Parking
Home Design
- Duplex
- Colonial Architecture
- Brick Exterior Construction
- Block Foundation
Interior Spaces
- 1,776 Sq Ft Home
- Basement Fills Entire Space Under The House
Utilities
- Hot Water Heating System
- Natural Gas Water Heater
- Cable TV Available
Community Details
- 2 Units
- 3-Story Building
Listing and Financial Details
- Tax Lot 024
- Assessor Parcel Number 13-00-07700-009
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $2,149 | $35,000 | $17,000 | $18,000 |
| 2024 | $2,149 | $35,000 | $17,000 | $18,000 |
| 2023 | $2,129 | $35,000 | $17,000 | $18,000 |
| 2022 | $2,083 | $35,000 | $17,000 | $18,000 |
| 2021 | $2,073 | $35,000 | $17,000 | $18,000 |
| 2020 | $1,978 | $35,000 | $17,000 | $18,000 |
| 2019 | $1,941 | $35,000 | $17,000 | $18,000 |
| 2018 | $1,292 | $35,000 | $17,000 | $18,000 |
| 2017 | $1,783 | $35,000 | $17,000 | $18,000 |
| 2016 | $1,770 | $35,000 | $17,000 | $18,000 |
| 2015 | $1,695 | $35,000 | $17,000 | $18,000 |
| 2014 | $1,695 | $35,000 | $17,000 | $18,000 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/11/2025 09/11/25 | For Sale | $225,000 | +25.1% | $127 / Sq Ft |
| 06/16/2021 06/16/21 | Sold | $179,900 | 0.0% | $101 / Sq Ft |
| 03/22/2021 03/22/21 | Pending | -- | -- | -- |
| 03/17/2021 03/17/21 | For Sale | $179,900 | -- | $101 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $179,900 | None Available | |
| Deed | $23,000 | -- | |
| Deed | $75,000 | -- | |
| Deed | $17,500 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $143,920 | New Conventional | |
| Previous Owner | $428,000 | Stand Alone Refi Refinance Of Original Loan |
Source: Bright MLS
MLS Number: PAMC2154630
APN: 13-00-07700-009
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